Pages

Thursday, February 28, 2013

27-02-13 commodity tips and Union budget affect on commodity market

Today commodity market are showing bearish trend, on MCX. Bullion
is open on negative side and falling down from that position. No positive
movement is expected from gold and silver. UNION Budget is going of open today and Mr. P Chidambaram
going to announce it. Let’s see what
change they made on UNION budget on 2013-14.

Costs on silver jewelry are going too reduced. On MCX from
morning silver price are drop down by -550 and more negative movement is
expected before budget declaration. While yellow metal is also supporting white
metal and showing red flag from morning.

Buy gold above 29900 tgt 29950, 30000,30100……29700

Buy silver above 54000 tgt 54150, 54250, 54400…………sl 53600

Crude oil is moving between the ranges 4980-5006,
some positive movement is expected from crude in evening session.

Blogger news

You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on mcxtipstoday are their own, and not that of the website or its management. mcxtipstoday advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.